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  • $1,425,000

    1402 Lusitana St, Honolulu, HI 96813

    --beds
    0baths
    --sqft
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    Multi Family
    Built in 1918
    -- sqft lot
    $1,403,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Ample street parking
    UPDATE — Seller finance portion of purchase!!! Cash-flowing property in the heart of Honolulu. Ideally located directly across from Queen’s Medical Center and just minutes from numerous government buildings, making this a highly desirable investment. This mixed-use property features a strong rental history with both business and residential income streams. Opportunity rarely knocks twice—don’t miss your chance. Enjoy easy access to major thoroughfares and quick connectivity to H-1, providing exceptional commuting convenience. Fee Simple property includes: 1 commercial/business unit, 3 residential units, 1 Large storage room with conversion potential, Separate electric meters, 2 on-site parking stalls plus ample street parking. Please do not disturb tenants.
    169 days
    |
    111
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Deep Shrestha 808-200-9575,

    Keller Williams Honolulu,

    Wei Li 808-688-6335,

    Keller Williams Honolulu

    Source: HiCentral MLS,MLS#: 202601167MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Covered
      Features
      • Levels: Two
      • Stories: 2
      • Has view: Yes
      • View description: None
      Lot
      • Features: Cleared, Level
      • Topography: Level
      Details
      • Parcel number: 1210220180000
      • Zoning description: 12 - A-2 Medium Density Apartme
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Hollow Tile, Other
      • Foundation: Slab
      Condition
      • Average Condition
      • Year built: 1918
      • Major remodel year: 1978

      Utilities & green energy

      • Sewer: Connected
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Underground Utilities, Water Available, Sewer Connected

      Community & HOA

      Community
      • Features: None
      • Subdivision: Punchbowl-Lower
      Location
      • Region: Honolulu

      Financial & listing details

      • Tax assessed value: $1,265,800
      • Annual tax amount: $7,764
      • Date on market: 1/26/2026
      • Total actual rent: 13150

        Estimated market value

        $1,403,000

        $1.33M - $1.47M

        $1,991/mo

        Price history

        DateEventPrice
        1/27/2026Listed for sale$1,425,000
        Source: HiCentral MLS #202601167 Report a problem
        1/18/2026Listing removed$1,425,000
        Source: HiCentral MLS #202502636 Report a problem
        10/6/2025Price change$1,425,000-10.9%
        Source: HiCentral MLS #202502636 Report a problem
        8/26/2025Price change$1,599,000-3.1%
        Source: HiCentral MLS #202502636 Report a problem
        1/29/2025Listed for sale$1,650,000
        Source: HiCentral MLS #202502636 Report a problem
        11/1/2024Listing removed$1,650,000
        Source: HiCentral MLS #202422097 Report a problem
        10/1/2024Listed for sale$1,650,000-8.3%
        Source: HiCentral MLS #202422097 Report a problem
        6/14/2024Listing removed$1,799,000+2.8%
        Source: HiCentral MLS #202221724 Report a problem
        11/6/2023Listing removed$1,750,000
        Source: HiCentral MLS #202320083 Report a problem
        8/28/2023Listed for sale$1,750,000-2.7%
        Source: HiCentral MLS #202320083 Report a problem
        1/10/2023Listing removed--
        Source: HiCentral MLS #202221724 Report a problem
        10/19/2022Listed for sale$1,799,000
        Source: HiCentral MLS #202221724 Report a problem
        6/27/2022Listing removed$1,799,000
        Source: HiCentral MLS #202209884 Report a problem
        5/23/2022Listed for sale$1,799,0000%
        Source: HiCentral MLS #202209884 Report a problem
        5/6/2022Listing removed$1,799,500
        Source: HiCentral MLS #202204835 Report a problem
        3/14/2022Listed for sale$1,799,500-2.7%
        Source: HiCentral MLS #202204835 Report a problem
        2/25/2022Listing removed--
        Source: RE/MAX International Report a problem
        2/17/2022Price change$1,849,000-7.1%
        Source: HiCentral MLS #202109092 Report a problem
        10/27/2021Price change$1,990,000-2.9%
        Source: HiCentral MLS #202109092 Report a problem
        9/22/2021Price change$2,050,000-8.9%
        Source: HiCentral MLS #202109092 Report a problem
        5/25/2021Listed for sale$2,250,000+52.5%
        Source: HiCentral MLS #202109092 Report a problem
        4/11/2018Sold$1,475,000+288.2%
        Source: Public Record Report a problem
        6/17/2005Sold$380,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $1,253,200 +2.6%
        2024$15,147 +0.8%$1,221,500 +0.8%
        2023$15,034 +5.3%$1,212,400 +5.3%
        2022$14,279 -1.4%$1,151,500 -1.4%
        2021$14,477 -1.9%$1,167,500 -1.9%
        2020$14,752 -0.9%$1,189,700 -0.9%
        2019$14,880 +15.7%$1,200,000 +3.7%
        2018$12,863 +8.5%$1,157,300 +7.6%
        2017$11,854 +17.6%$1,076,000 +15.4%
        2016$10,076 +58.8%$932,600 +47.6%
        2015$6,346 +33.7%$631,800 +5.7%
        2014$4,747 $597,900 +11.6%
        2013-- $535,700 +5.2%
        2012-- $509,400 +1.3%
        2011-- $502,800 -0.8%
        2010-- $506,700 -9.9%
        2009-- $562,300 +7.5%
        2008-- $523,100 +8.2%
        2007-- $483,400 +143.8%
        2005-- $198,300 +13.8%
        2004-- $174,300 +0.1%
        2003$1,597 +0.6%$174,200 +0.9%
        2002$1,587 $172,600
        2000-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Punchbowl

        Getting around

        91 / 100
        Walker's Paradise
        79 / 100
        Excellent Transit
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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